Hogs fall
Rising market-ready hog supplies kept U.S. cash hog prices falling.
There was expectation that packers might pressure pork values lower to stimulate increased consumption.
The U.S. national live price average for barrows and gilts was US$39.94 per hundredweight Sept. 23, down a little more than $2 from Sept 19.
U.S. hogs averaged $50.88 on a carcass basis Sept. 23, down from $58.21 Sept. 16.
The U.S. pork cutout was $76.92 per cwt. Sept. 23, down from $80.34 Sept. 16.
The estimated U.S. weekly slaughter for the week to Sept. 23 was 2.466 million, up from 2.353 million the previous week.
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Slaughter was 2.283 million last year at the same time.
In Canada, the Sept. 23 Signature Three price was C$127.45 per 100 kilograms, or $57.81 per 100 pounds, down from $136.89 or $62.09 the previous week.
Bison steady
The Canadian Bison Association said Grade A bulls in the desirable weight range sold at prices up to C$6-$6.25 per pound hot hanging weight. U.S. buyers are offering US$4.50 with returns dependent on exchange rates, quality and export costs.
Grade A heifers sold up to C$5.75-$6 U.S. buyers are offering US$4.30.
Animals outside the desirable buyer specifications may be discounted.
Lambs steady
Beaver Hill Auction in Tofield, Alta., reported that 721 sheep and 72 goats sold Sept. 19.
Wool lambs lighter than 54 lb. were $180-$240 per cwt., 55-69 lb. were $190-$230, 70-85 lb. were $190-$214, 86-105 lb. were $190-$210 and 106 lb. and heavier were $192-$200.
Wool rams were $85-$123 per cwt. Cull ewes were $70-$98.
Hair lambs lighter than 54 lb. were $180-$210 per cwt., 55-69 lb. were $180-$205, 70-85 lb. were $180-$195, 86-105 lb. were $180-$196 and 106 lb. and heavier were $189-$195.
Hair rams were $85-$100 per cwt. Cull ewes were $70-$111.
Ontario Stockyards Inc. reported that 716 sheep and lambs and 30 goats traded Sept. 19.
Light lambs regained last week’s losses. Heavy lambs sold steady to the pre-holiday sales. Sheep trade steady to $5 cwt. higher. Goats sold steady.
